Professionals Greater Springfield 
Australia’s housing market is showing strong signs of a rebound — and this time, it’s not just hype. With falling interest rates, low stock levels, and renewed buyer confidence, momentum is building in markets across the country. But what’s really driving this shift, and how can you take advantage of it?
Let’s break it down.
- Interest Rates: The Game Changer
The Reserve Bank’s rate cuts in February and May 2025 were a turning point. According to Tim Lawless, Research Director at CoreLogic, “The first rate cut in February was a clear turning point for housing value trends.”
The flow-on effect has been undeniable.
- Buyers are more confident.
- Borrowing capacity is improving.
- More people are entering the market — or at least watching it closely.
With more rate cuts expected later this year, the current window could represent the calm before another wave of price growth.
- Property Values: Steady, Not Surging (Yet)
While the market is rising again, growth remains moderate, for now.
Quarterly Growth Snapshot:
- Darwin: +4.9% (setting a new all-time high)
- Perth: +2.1%
- Brisbane: +2.0%
These three markets are leading both short-term and long-term growth, with Perth and Brisbane recording increases of over 75% since mid-2020.
On a national level, housing values are up 3.4% over the financial year, but annualised growth based on recent trends suggests that could rise to 5.8% — slightly above the long-term average.
- Supply vs Demand: A Balanced Battleground
Here’s where things get interesting.
Despite the rise in values, the number of homes being sold remains slightly below average, with turnover at just 4.9% (compared to a 10-year average of 5.1%).
At the same time, advertised stock is down:
- 5.8% lower than this time last year
- 16.7% below the five-year average
This scarcity of listings is creating a more balanced market — neither a buyer’s nor a seller’s market, but one where well-presented homes are moving quickly, and buyers are competing more actively at open homes and auctions.
- Auction Markets Reacting
Auction clearance rates are another strong indicator of market health, and they’ve improved in recent weeks, now holding in the mid-60% range — just above the decade average.
This is a strong sign of buyer urgency returning, especially in high-demand areas like Brisbane, Ipswich, Ripley, and Springfield.
- The Outlook: Where Are We Headed?
There’s no doubt — the momentum is building. Capital cities have started to outperform regional markets again in monthly growth. While regional Australia still holds the edge for quarterly performance, the tide is turning in favour of the cities.
According to Lawless:
“Given the upside risk that housing values will accelerate further from here as interest rates reduce, the reality is we will likely see home values rise by more than this over the coming 12 months.”
But — and it’s a big but — affordability constraints will likely prevent a repeat of the wild price booms we saw during the pandemic. Buyers are still limited by what they can borrow, and price sensitivity is very real.
What This Means for You
🏡 If You’re a Buyer:
This could be your best opportunity before prices climb higher. With stock still limited, acting early can give you an edge.
🏠 If You’re a Seller:
Buyer interest is picking up — and with less competition on the market, your home could stand out and sell faster, at a stronger price.
💼 If You’re an Investor:
The fundamentals are aligning — rate cuts, low vacancy rates, capital growth potential — especially in growth corridors like Springfield, Ripley, and Brisbane’s outer suburbs.
Ready to Take the Next Step?
The team at Professionals Greater Springfield is here to help you make the most of this shifting market. Whether you’re buying, selling, or investing — or just exploring your options — we’ll provide the guidance and local knowledge you need to move forward confidently.
